1-bed · 616 sqftAscot Residence, Town Square · 5th floor · completed 2024

523, Ascot Residence

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 664K28 February 2023
Current rentAED 65K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Ascot Residence

What is 523 worth today?

Last sold for AED 663,888 in 2023

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1 Sep 2025RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
28 Feb 2023Sold by developerOff-plan
AED 663,888AED 1,078 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
5th of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 664K · February 2023

About 523, Ascot Residence

523 is a one-bedroom apartment of 616 sqft on the 5th floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 28 February 2023 for AED 663,888, or AED 1,078 per sqft, in line with the AED 1,062 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2025. The current contract, signed on 1 September 2025, is AED 65,000 a year: a gross yield of 9.8% on the 2023 price.

Sales and rents for 523 over time

Sales
Unit 523, each saleTypical one-bed in Ascot Residence
800K20232024202520262027Typical sale price by year: 2023 AED 665,888; 2024 AED 673,888; 2025 AED 835,000; 2026 AED 910,000Sold by developer, February 2023: AED 663,888 (AED 1,078 per sqft)

523 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 523, each contractTypical one-bed in Ascot Residence
60K70K202520262027Typical rent by year: 2025 AED 65,000; 2026 AED 65,000New contract, September 2025: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ascot Residence, and where 523 sits

All 42 1-beds →

523 last sold in February 2023 at AED 1,078 per sqft, in line with what one-beds in Ascot Residence were fetching at the time (AED 1,062). Over the last 12 months one-beds sold for AED 780,000 to 1,009,888, around AED 1,447 per sqft, and rent for AED 60,000 to 92,400 a year. 523's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Sep 2026780,000
22 Sep 2026910,000
17 Mar 2026910,000
5 Mar 20261,009,888
5 1-bed sales in the last 12 months

Ascot Residence

Building

140 apartments, studios to 3-bed over 5 floors in Town Square, completed in 2024 by Nshama Properties. 19 sold in the last 12 months.

Typical price per sqft
AED 1,477 Up 6.3%
Typical sale
AED 1.25M
Typical rent
AED 90K /yr
Typical yield
6.9%
Ascot Residence, Town Square: prices, sales and rents →

Other units on the 5th floor

All 140 units in Ascot Residence
Value
5012-bedAED 1.28M · Mar 2025
5022-bedAED 961K · Mar 2023
5032-bedAED 1.4M · Jun 2025
5041-bedAED 910K · Mar 2026
5052-bedAED 1.25M · Mar 2025
5061-bedAED 674K · Dec 2024
5071-bedAED 835K · Oct 2025
1–7 of 27

523, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 28 February 2023 for AED 663,888, or AED 1,078 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 9.8%.
  • One-beds in Ascot Residence sold for AED 780,000–1,009,888 in the 12 months to November 2026; the building's median across all types is AED 1,477 per sqft.

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 523, Ascot Residence

What did unit 523 last sell for?

AED 663,888 on 28 February 2023, sold by the developer: AED 1,078 per sqft for 616 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 65,000 a year on the contract signed on 1 September 2025.

How big is unit 523?

616 sqft (57.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2024.

What is unit 523 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ascot Residence sold for AED 780,000 to 1,009,888 in the last 12 months, around AED 1,447 per sqft.

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Mortgage on 523, Ascot Residence

Starts from the last sale price (AED 664K, 28 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 663,888
Deposit, UAE resident (20%)
AED 132,778
Deposit, non-resident (40%)
AED 265,555
Monthly over 25 years at 3.7%
AED 2,716

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →